Finolex Cables Ltd.
Snapshot View

522.95 -0.15 ▼0.0%

30 July 2021, 04:00:00 P.M.
Volume: 18,964

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.finolex.com
Financial Indicators
Market Cap 7,983.43 Cr.
Earnings per share (EPS) 30.17 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 17.30 Trailing Twelve Months Ending 2021-03
Industry PE 28.11 Trailing Twelve Months Ending 2021-03
Book Value / Share 223.26 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.34 Calculated using Price: 522.00
Dividend Yield 1.05 Period Ending 2020-03
No. of Shares Subscribed 15.29 Cr. 152,939,345 Shares
FaceValue 2
Company Profile

Established in 1958, Finolex Cables is India’s largest and leading manufacturer of electrical and telecommunication cables. It has recently diversified into the fast-moving electrical goods (FMEG) segment with the aim of becoming a complete electrical products company.

The company started its operation with the manufacture of PVC insulated electrical cables for the automobile industry. Since then, the Company has constantly endeavored to augment its product range to include PVC Insulated Industrial Cables , FR-LSH PVC Insulated Industrial Cables, PVC Insulated Single Core and Multicore Flexible Industrial Cables, Rodent Repellent Multicore Flexible Industrial Cables, PVC Insulated Winding Wires and 3 Core Flat Cables, XLPE 3 Core Flat Cables, Power and Control Cables, High Voltage Power Cables (Up to 33 kV), Polyethylene Insulated Jelly Filled Telephone Cables, Auto & Battery Cables, Co-axial and CATV cables, LAN Cables, Switchboard Cables, Fibre Optic Cables, Solar Cables and others.

Besides a wide variety of Wires & Cables, the Company is also manufacturing lighting products, electrical accessories, switchgear, fans and water heaters.  The company has manufacturing facilities at Pimpri and Urse in Pune as well as at Goa & Uttarakhand. The company has, over the years, established its reputation as an innovative leader and quality manufacturer by continuously upgrading technology, modernising manufacturing facilities and maintaining highest standards of quality and services.

Today, the name Finolex has become synonymous with Quality and enjoys overwhelming confidence of the customers. Investors have also fancied its stock in view of its phenomenal progress leading to a manifold increase on investment in stock through the years.

Its long - decade journey is anchored on the pillars of its manufacturing excellence, innovation focus and technology edge. By maintaining the highest standards of quality and service, it has built a strong relationship with institutional and retail customers. It has always been striving for offering better products to market on time. For achieving this, Finolex Cables has set up four modern state-of-the-art plants. These manufacturing plants are located in Pimpri (Pune), Urse (Pune), Goa & Roorkee (Uttarakhand). All these manufacturing plants are well equipped with latest state-of-the-art modern machinery for producing quality product. All the plants are ISO 9001 certified. In addition to this, all plants are ISO 14000 certified. All the plants are equipped with the testing facilities for assuring the best quality products. All these plants are continuously upgraded to latest & modern technology for offering quality product at competitive prices. The safety records of all these plants are excellent.

Business area of the company

The Company is principally engaged in the manufacturing of Electricals Cables, Communication Cables & other electrical appliances.

Products

  • Wires & Cables
  • Optical Fibre Cables
  • Switches
  • LED Lightings
  • Fan
  • MCB
  • Water Heater

Milestones

  • 1958: The business was started as a partnership firm ‘Indian Cable Industries’.
  • 1960: Light Duty Cables Plant,Pimpri, Maharashtra
  • 1972: Promoters of Indian Cable Industries acquired Alpha Rubber Co. and thereafter company name changes to Finolex Cables Ltd.
  • 1974: Indian Cable Industries was dissolved and the business was taken over by Finolex Cables Ltd.
  • 1980: Low Voltage Power Cable Plant, Pimpri, Maharashtra
  • 1983: Finolex Cables Ltd. got listed via a maiden Public Issue Jelly Filled Telephone Cables Plant, Pimpri, Maharashtra
  • 1987: Technical Collaboration with NSW, Germany
  • 1989: Jelly Filled Telephone Cables Plant, Urse, Maharashtra
  • 1997: AT&T Finolex JV, Optical Fibre Cables Plant, Urse, Maharashtra
  • 1998: Finolex Essex JV, Copper Rod Plant, Goa (Backward Integration)
  • 2000: Jelly Filled Telephone Cables Plant, Verna, Goa
  • 2002: Light Duty Cables Plant, Verna, Go
  • 2003: Optical Fibre Cable Plant, Verna, Goa
  • 2004: Manufacturing of Glass Fibre, Urse. (Backward Integration)
  • 2005: Superbrand Recognition
  • 2006: Switches Plant, Urse, Goa
  • 2007: Lighting Products Plant, Urse, Maharashtra
  • 2008: Light Duty Cables Plant, Roorkee, Uttarakhand
  • 2011: Finolex J Power Systems, JV with Sumitomo of Japan, Extra High Voltage Power Cables Plant, Shirwal, Maharashtra. Corning Finolex, JV Optical Fibre Plant, Pune, Maharashtra
  • 2010: Electrical Switch Plant, Uttarakhand
  • 2014: 5.5 MW Solar plant, Urse
  • 2016: Launched Fans & Water Heaters Switchgear Plant Uttarakhand
  • 2018-19: Launched own e-retail website to address the e-commerce and online retail opportunity
  • 2018-19: Launched the first of its exclusive retail store chains, ‘Finolex House’, in Chennai
  • 2019-20: Opened four Finolex House Stores at Secunderabad, Jamshedpur, Bengaluru and Raipur
  • 2019-20: Launched electrical wire accessories like doorbell, extension box, spike guard, angle holders, batten holders, etc. to take a share of the quality electrical products market

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.03%
1 Week
-0.78%
1 Month
+0.84%
3 Month
+44.54%
6 Month
+42.88%
1 Year
+94.37%
2 Year
+39.60%
5 Year
+32.71%
9 years 2002-03 2003-03 2004-03 2005-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 11.59 3.31 3.85 5.29 22.12 15.29 11.28 11.89 10.92
Return on Capital Employed (%) 13.55 7.09 5.86 6.61 27.48 20.52 20.92 19.77 15.19
Return on Assets (%) 7.79 1.89 1.91 2.71 16.28 13.20 9.87 10.34 9.55

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,776 2,141 2,429 2,737 3,004
Non Curr. Liab. 55 25 115 156 164
Curr. Liab. 267 273 240 261 239
Minority Int.
Equity & Liab. 2,099 2,440 2,784 3,154 3,407
Non Curr. Assets 916 1,184 1,274 1,462 1,338
Curr. Assets 1,183 1,255 1,510 1,692 2,069
Misc. Exp. not W/O
Total Assets 2,099 2,440 2,784 3,154 3,407

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,360 2,445 2,815 3,078 2,877
Other Income 56 59 87 105 92
Total Income 2,416 2,504 2,902 3,182 2,969
Total Expenditure -2,002 -2,049 -2,380 -2,631 -2,494
PBIDT 414 455 522 551 475
Interest -9 -4 -1 -1 -2
Depreciation -58 -48 -44 -41 -39
Taxation -88 -103 -219 -203 -121
Exceptional Items
PAT 260 300 258 307 313

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 339 213 236 154 259
Cash Fr. Inv. -195 -126 -134 -110 637
Cash Fr. Finan. -64 -75 -57 -75 -86
Net Change 81 11 44 -30 810
Cash & Cash Eqvt 219 32 77 46 856

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 37.33 35.92 35.92 35.92 35.92 35.92 35.92 35.92 35.92
Public 62.67 64.08 64.08 64.08 64.08 64.08 64.08 64.08 64.08
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 24 Jul 2021
Disclosure Of Related Party Transactions Pursuant To The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
We refer to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and forward herewith copy of disclosure of related party transactions on a consolidated basis for the half yearly Financial Year ended
31st March 2021 for your kind record.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Finolex Cables Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 09 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 enclosed please find herewith a copy of Certificate for the quarter ended 30th June 2021 as received from our Share Transfer Agent viz. M/s. KFin Technologies Private Ltd Hyderabad. Kindly arrange to take the same on record and acknowledge receipt and oblige.

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days

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